NOTICE TO THE PUBLIC OF ADOPTION OF A RESOLUTION OF THE TOWN OF PIERCETON, INDIANA AND OF A PUBLIC HEARING ON THE APPLICATION FOR APPROVAL OF TAX ABATEMENT Notice is hereby given that on February 13, 2017, the Town Council of Pierceton, Indiana adopted Declaratory Resolution No. 2-1-17, which Resolution provides in substance as follows: Whereas the real estate located at 5 Arnolt Drive, Pierceton, IN, as more fully described in the Resolution ("Real Estate") has been declared an Economic Revitalization Area (ERA), and additional improvement of the Real Estate would benefit and would promote the welfare of all citizens and taxpayers in Pierceton, Kosciusko County, Indiana. The Pierceton Town Council also declared that deductions for ten (10) years for new manufacturing equipment, new logistical distribution equipment, new research and development equipment, new information technology equipment and real estate improvements installed in the ERA would be granted for Shiloh Industries, Inc. and Shiloh Die Cast Midwest LLC. A description of the affected area is available and can be inspected in the Pierceton Clerk/Treasurer's Office. The Pierceton Town Council also found that it should approve the Statements of Benefits filed by Shiloh Industries, Inc. and Shiloh Die Cast Midwest LLC ("Company") for proposed projects located on the Real Estate for such 10 year abatement deductions and approve the Company's request for the adoption of the Waiver pursuant to Ind. Code§ 6-1.1-12.1-11.3. A public hearing on these matters will be held by the Pierceton Town Council on March 13, 2017, at 6:30 o'clock P.M. in the Town Hall, 105 Walnut St., Pierceton, Indiana. At this hearing, the Pierceton Town Council will receive and hear all remonstrances and objections from interested persons and take final action on the Statements of Benefits and Request for Waiver. Pierceton Town Council Jerry Kreger Clerk/Treasurer Town of Pierceton, Indiana February 13, 2017 2-17 hspaxlp
